Dear Round-Up Readers, Such a wide range of intense emotions this past week, I marvel at how many things can be true at the same time! Was in LA last weekend for a bat mitzvah and observed, in disbelief, the horrors unfolding in Israel, which has now been confirmed as more than 1,300 Israelis killed from the Hamas terrorist attack on civilians. Thousands more Israelis and Palestinians have been killed or hurt in Gaza, and countless more are being displaced as the area is set to become a battleground. In addition to coping with the attacks in Israel, there is real fear over the sharp rise of antisemitism globally. Which is why I urge you to read and speak to your colleagues and employers about the Anti Defamation League (ADL) "Workplace Pledge to Fight Antisemitism." Currently, there are no hotel companies on the list of participating supporters, and I would love to see that change. The news coverage itself is extremely distressing, which is why I only share a few items focusing on the history and impact of the conflict on the economy and tourism. All of this unrest and violence does beg the question: what would the world look like if women were in charge? At our inspiring first hertelier event in New York City, women in leadership and how to get more of us to the top, was the overarching theme for our discussion about the future of hospitality with Amber Asher, CEO of Standard International, Marlene Poynder, Managing Director, at The Carlyle, and Melissa Maher, Principal, Pinnacle Enterprises Group. Great thoughts and lots of knowledge shared by these three superstars. Sold out, the room was completely packed, with every seat taken, and even some spill over onto the benches. The audience was so engaged and the mood so joyous, with women (and a few guys!) eager to connect and learn. It has blown my mind to see hertelier grow from an idea to an actual movement, and that is all thanks to the thousands (!) of you engaging on social media, reading this newsletter, attending our events, and asking for more! Stay tuned for what we’re planning in 2024! Click for highlights and pictures of the New York City event at Cafe Carlyle. Let's get to the rest of the news... |
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Business, Women, and Random Trends:
The New Women in the Workplace report from Lean In and McKinsey Finds Women are More Ambitious Than Before the Pandemic + Four Myths Holding Women Back Lots of great data in this annual report which surveyed 27,000 employees and 270 senior HR leaders from 276 companies employing more than 10 million people. Key findings explained in CNBC and Forbes, about how there are still glass ceilings, broken rungs (on the ladder to leadership) and why both genders want more flexibility. We discussed much of this at the NYC event!
Economics Nobel Prize Awarded to Claudia Goldin For Studying Gender in the Workplace How great is it to finally see the Harvard professor who has been responsible for much of the research we regularly quote get recognized! Claudia Goldin revolutionized the study of how and why women are paid less and otherwise held back from the same career trajectories as men. Goldin is the third woman to be awarded the prize, which has been given to 90 men, and is the first woman to receive the award solo.
What Happens When a Woman Chooses Career Dominance Over Her Relationship Really interesting opinion piece in the New York Times inspired by the new Netflix movie, "Fair Play," which I cannot wait to watch. Writer Jessica Grose concludes, "Real equity would require more men to pull back from so-called greedy work with long inflexible hours as much as women do and to take an equitable share of domestic labor, parenting and caregiving. “Fair Play” at least understands that we’re a long way from that happening."
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Travel & Hospitality: A Turning Point for Gender Equality Across Hotel Leadership in Asia Singapore-based travel industry journalist Raini Hamdi writes in a LinkedIn post, "It occured to me to that among the leaders of hotel chains I interviewed in the past 1.5 months or so, four were female CEOs and CFOs. In the past, I would find it difficult to find one or two in a year...I believe the turning point for gender equality at the top of hotel chains has been crossed. There's acceptance women can run the job as well if not better than men." If you click one link this week, let it be this post!! Raini shares links to her interviews with Jihong He, CFO, H World; Siew Kim Beh, chief finance & sustainability officer, Ascott; Amber Asher, CEO, Standard International; and Suphajee Suthumpun, group CEO, Dusit International. Accelerating Global Wealth Drives Luxury Hotel Performance and Liquidity While HNWIs represent less than 0.3% of the world’s population, they contribute nearly 70% of global spend on luxury travel. JLL's Zach Demuth explains how this is impacting the hotel operators and investors in Hotels.
Top Travel Trends by Kalindi Juneja FIH, CEO at PoB Hotels, an association of historic and unique independent hotels in the UK. Kalindi shares what see is seeing across the sector, a short interview, yet very insightful! Deloitte Offers A Roadmap for Sustainable Hospitality Whether your hotel is at the forefront or just starting a sustainable journey, this new report from Katrina Goulden at Deloitte is worth a look.
Hilton Adds Carbon Ratings to Menus to Encourage Customers to Choose More Environmentally Friendly Meals Been watching the impressive effort to reduce waste and energy consumption led by Hilton F&B VP of Strategy and Innovation, EMEA Emma Banks. Love the continued progress! Read more in the Daily Mail.
More Sustainability: How Macchu Picchu, Venice and Bali are Fighting Overtourism From fees to fencing, cities are trying new tactics to control overtourism, including imposing daily visitor caps and using technology to manage “tourist flows,” reports CNBC’s Travel Editor Monica Pitrelli.
The 7 Most Offensive Airplane Habits, According to Your Fellow Passengers Skyscanner did a survey, before you click on this link...what do you think is #1?
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